See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,002 | $101,317-74.3% | $146,958-82.3% | $74,495-65.1% |
| Participation rate | 61.6% | 75.5%-13.9pp | 82.2%-20.5pp | 67.2%-5.6pp |
| Annual return | 9.42% | 8730.91%-8721.5pp | 418.34%-408.9pp | 1364.94%-1355.5pp |
| Employer contribution / active EE | $1,291 | $3,810-66.1% | $4,933-73.8% | $2,623-50.8% |
| Participant deferral / active EE | $1,612 | $7,303-77.9% | $8,070-80.0% | $4,346-62.9% |
| Admin fee / account holder | $2,056 | $1,739+18.2% | $12,998-84.2% | $1,942+5.9% |